Peel Hunt Raises Nostrum Oil & Gas PLC (NOG) Price Target to GBX 650
Several other equities analysts have also recently issued reports on the company. Deutsche Bank AG cut Nostrum Oil & Gas PLC to a hold rating and decreased their price target for the company from GBX 600 ($7.96) to GBX 540 ($7.16) in a report on Thursday, July 6th. Credit Suisse Group decreased their price target on Nostrum Oil & Gas PLC from GBX 545 ($7.23) to GBX 460 ($6.10) and set an outperform rating on the stock in a report on Tuesday, September 19th. One analyst has rated the stock with a hold rating and five have given a buy rating to the stock. The company has a consensus rating of Buy and an average price target of GBX 552 ($7.32).
Shares of Nostrum Oil & Gas PLC (LON NOG) opened at 404.40 on Monday. The firm has a 50-day moving average of GBX 388.36 and a 200 day moving average of GBX 443.51. Nostrum Oil & Gas PLC has a 12 month low of GBX 279.46 and a 12 month high of GBX 535.00. The company’s market capitalization is GBX 747.75 million.
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Nostrum Oil & Gas PLC Company Profile
Nostrum Oil & Gas PLC (Nostrum) is an independent oil and gas company. The Company is engaged in the production, development and exploration of oil and gas in the pre-Caspian Basin. The Company’s range of products includes crude oil, stabilized liquid condensate, liquefied petroleum gas (LPG) and dry gas.
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